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In a previous post, I discussed what not to do, when thinking about investing in a franchise of your own….

In this particular post, one of the concepts that were mentioned as a faddish one, was ISold It. Now a defunct franchise company, the creators thought that they could capitalize on the huge EBay buying and selling trend, by offering a small storefront operation that helps with the hassle of shipping stuff out to buyers of EBay products. Good idea, but the numbers just didn’t add up.

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In another case of folks buying into a ‘fad", another franchise concept related to the EBay craze just closed it’s doors. This could be OK for the 30 or so franchisees left in the system. They could hang in there, without having to pay the royalties to corporate, anymore. Quick Drop had 95 stores in 2006.

Read the story here.

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joel libava

I'm The Franchise King®, Joel Libava. I help prospective franchise owners avoid bank account emptying mistakes.
For 23 years, I’ve been showing people how to make smart, informed decisions on franchises to buy, and I can help you, too!
P.S. I'm not a franchise consultant/broker.

Straightforward Advice
Joel, thank you for taking the time to speak with me yesterday. It was refreshing to finally speak with someone in franchising who dishes out straightforward, candid advice. You provided me with some insightful ideas that I'm giving a good deal of thought and consideration to. I look forward to speaking with you on our next consultation call."
- John Timmins, Columbia, South Carolina
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